Executive Director - Market Risk Manager, Head of XVA Coverage, US (Risk Management)
About The Position
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model, and other risks. Role Overview This role sits within the Market Risk Department (MRD) and provides senior leadership and strategic oversight of XVA-related market risks across the Firm, including CVA, FVA and other valuation adjustments. The team lead of the market risk XVA team in the US is accountable for setting risk direction, influencing business decisions exercising senior judgement, applying subject matter expertise and leading engagement with Front Office and senior stakeholders across the Firm. The role focuses on governance, escalation, XVA market risk framework ownership and people leadership, while also having significant involvement in the day to day activities of the desk including large trade approvals, limit setting.
Requirements
- Extensive experience in market risk, counterparty risk, or trading risk within a global investment bank.
- Demonstrated depth of expertise in financial products, markets, and XVA-related risks, with the ability to apply seasoned judgement.
- Strong people leadership and stakeholder
Responsibilities
- Provide executive-level oversight of XVA market risk exposures, ensuring risks are appropriately identified, challenged, and governed within the Firm's risk appetite.
- Exercise independent senior judgement on complex, high-impact risk matters, including portfolio concentrations, tail risks, and stress outcomes.
- Act as a escalation point within MRD XVA coverage for material risk issues.
- Lead the US XVA Coverage team within MRD, setting strategy, priorities, and coverage standards.
- Serve as a senior risk counterpart to Front Office management, influencing strategic decisions and ensuring robust risk debate.
- Represent XVA market risk in senior governance forums, committees, and regulatory interactions.
- Own and evolve the XVA market risk framework, including stress testing, limit structures, and risk metrics.
- Sponsor and drive strategic initiatives with teams executing under direction.
- Lead a team of 7 risk managers located in NY and Budapest
- Develop and mentor risk managers, building depth, succession, and consistency of judgement.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
